Leading Chinese firms are set to start work on a 130-km road linking Abha in Saudi Arabia’s Aseer province with Jazan, in a project valued at SAR19 billion ($5 billion), said a top Saudi official. The project scope includes construction of 26 bridges and tunnels as well as key infrastructure for multimodal transport systems.
Ladun Investment Company has secured SAR2.39 billion ($637 million) contracts to carry out infrastructure development work at Al Qirawan and Al Narjis districts as well as the Namar real estate development - in the Saudi capital. They will be executed in consortium with Al Ayuni Investment and Contracting.
EmaarEC, the master developer of King Abdullah Economic City (KAEC), has announced that it has awarded a major contract to Nesma and Partners to carry out infrastructure development works within the Industrial Valley and the Special Economic Zone at KAEC.
Leading low-cost carrier Jazeera Airways has announced the full resumption of operations from its dedicated Terminal 5 (T5) at Kuwait International Airport following the partial resumption of direct flights last week after 57 days of airport closure and conclusion of its service from a temporary base in Saudi Arabia.
Following the recent announcement from Bahrain Civil Aviation Affairs regarding the reopening of the of airspace of the Bahrain, Gulf Air, the national carrier of the kingdom, resumed its operations from Bahrain International Airport after 40 days of airspace closure with its inaugural flight to Riyadh.
Rua Al Madinah, a leading Saudi developer and PIF unit, has awarded a SAR8 billion ($2.1 billion) contract for the construction of superblock five within the holy city’s mega tourism and cultural development, featuring 10 branded hotels including JW Marriott, Le Meridien, Sheraton, Fairmont and Hyatt.
Leading real estate companies, developers, investors and financial institutions as well as government agencies will be in Saudi city of Dammam for the fourth edition of the Saudi Expo Real Estate Development & Ownership (Seredo 2026) which kicks off on May 4.
The cement sales volumes across the Kingdom of Saudi Arabia declined by 6.7% y-o-y and 21.3% m-o-m to hit 3.37 MT, reflecting the holiday effect and recent geopolitical developments, according to a new report. The sales volume for the first three months fell by 4.7% y-o-y to 12.76 MT.
Saudi Arabia’s Ministry of Commerce said more than 71,000 commercial registrations were issued during the first quarter of 2026, thus bringing the total number of active registrations in the kingdom to more than 1.89 million.
Saudi Arabia’s General Entertainment Authority reported over 89 million visitors to the Kingdom’s entertainment sector in 2025, highlighting strong growth under regulations designed to improve experience quality.
